Slowdown

FEATURED ARTICLES ABOUT SLOWDOWN - PAGE 4

SEOUL: Seoul shares are likely to retreat on Thursday as worries about a US recession resurfaced after data showed sales of new US single-family homes fell to their slowest pace in 13 years. Manufacturers such as Samsung Electronics and LG Electronics may fall on concerns about a slowdown in South Korea's second-largest export market. Financials such as Kookmin Bank are also likely to decline on deteriorating outlook for credit markets, after top central bankers warned on Wednesday there was no end in sight to the global crunch.

MUMBAI, Mithun Roy : UltraTech Cement has hit upon an innovative idea to increase cement usage by providing building solutions to retail consumers in small towns. This is part of its plan to counter a general slowdown in the economy. The company's plan is to tap the segment where customers are more keen to build their homes rather than buy a pre-built flat. The company is focusing on Tier-II and small towns where the flat culture isn't popular and individuals still build their homes through local contractors and labourers, said a senior company

A Key issue worrying equity investors in India is the possibility of a slowdown in the US economy. The fortunes of quite a few sectors in India are linked to the performance of the US economy. Hence if the engines of the world's largest economy begin to slow, the bottomlines of many Indian companies are likely to be impacted. Technically, how is the slowdown in any economy measured? A slowdown in the economy means a situation where the growth rate of the economy as measured by the gross domestic product (GDP)

BANGKOK: Thai industries have urged the government to better prepare for an economic slowdown and have presented it with a plan to guard against financial turmoil, the country's finance minister said on Friday. Measures include better supervision of the financial sector, new methods for setting interest rates and investment stimulation packages at home and abroad, he said. "The (Federation of Thai Industry) proposed its suggestions for the finance ministry to consider.

In an interview to ET Now, Sangeeta Purushottam , Managing Director, Nine Rivers Capital gives his view on infrastructure sectorstocks. When India's biggest company, L&T indicates that instead of 20% growth, they will only grow at 5%, is that beginning of the trouble for the entire EPC business ? Actually the slowdown has been evident for a while. This is just a corroboration of the fact that the slowdown is very much there. It is something to be concerned about more importantly because it is not as if we are seeing light at the end of the tunnel very quickly for the infrastructure sector . The sense is that the policy slowdown that we have seen has impacted the sector.

NEW DELHI: As the former finance minister P Chidambaram was informing the Rajya Sabha that India was "no where near a recession" , even though India was affected by the slowdown in global growth, his colleague the minister of state for commerce Jairam Ramesh informed the Lok Sabha that between August and October as many as 65,500 jobs had been lost in the export-related companies on account of the global economic slowdown. "The prevailing global financial crisis and economic slowdown have started showing impact on the country's trade and industry," Mr Ramesh said.

SHANGHAI: China's economic growth will slow to 10.4 pc this year, likely marking the start of a slowdown which could take several years, according to a new report released on Monday. The report from People's University in Beijing, in tandem with Shanghai firm Donghai Securities, said China will face challenges ahead from the weakening global economy. "The slowdown in the global economy and rising inflation are essentially signs of an adjustment in the global economic cycle," said the report, which was published in the official China Securities Journal.

NEW DELHI: The International Monetary Fund (IMF) has said emerging economies, including India, face the risk of protectionist pressures arising from a slowdown in the US economy. IMF deputy director Charles Collyns said capital flows to emerging markets have been strong even as corrections in these markets are getting smaller. Addressing a seminar conducted by the Indian Council for Research on International Economic Relations on the Challenges for the global economy, Mr Collyns said while the global economy could be headed for a soft landing, risks such as a slowdown in the US housing market, concerns over inflation and oil could be challenging.

KOLKATA: The global slowdown has not only forced multi-billion infrastructure projects to be put on hold, it has also made entrepreneurs running tiny businesses to put investments on the backburner as economic uncertainty and rising costs dent return hopes. Many of them have had export orders from western markets cancelled as Europe and the US suffer from shrinking growth. Lenders said demand for working capital loans as well as project loans has moderated as small enterprises with all the forward and backward linkages suffered the most due to a prolonged economic slowdown since 2008.

NEW DELHI: A "strong" slowdown in India is likely to continue, according to the Organisation for Economic Cooperation and Development (OECD). The OECD's Composite Leading Indicator (CLI), designed to provide early signals of turning points in economic activity, for India fell by 0.8 points in February 2009 from the previous month and was 10.1 points lower than the same month last year. It pointed to a "strong slowdown" for outlook in India, said the OECD in a release.